Stock analysis Sumitomo Chem India Ltd SUMICHEM
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Recent prices of SUMICHEM Sumitomo Chem India Ltd are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 24 Thu Apr 2025 | 533.35 | 529.35 to 548.55 | -3.23% | 1.37 times |
| 23 Wed Apr 2025 | 551.15 | 549.30 to 563.05 | -0.6% | 0.72 times |
| 22 Tue Apr 2025 | 554.45 | 549.20 to 572.00 | 0.27% | 2.01 times |
| 21 Mon Apr 2025 | 552.95 | 551.00 to 561.80 | 0.02% | 0.57 times |
| 17 Thu Apr 2025 | 552.85 | 550.55 to 565.90 | -0.71% | 0.6 times |
| 16 Wed Apr 2025 | 556.80 | 548.75 to 562.15 | 0.28% | 0.94 times |
| 15 Tue Apr 2025 | 555.25 | 550.25 to 576.85 | -1.77% | 1.68 times |
| 11 Fri Apr 2025 | 565.25 | 549.05 to 574.00 | 1.19% | 0.94 times |
| 09 Wed Apr 2025 | 558.60 | 554.75 to 570.40 | -0.21% | 0.75 times |
| 08 Tue Apr 2025 | 559.75 | 545.10 to 567.75 | 4% | 1.04 times |
| 07 Mon Apr 2025 | 538.20 | 502.00 to 542.40 | -3.92% | 0.75 times |
| 04 Fri Apr 2025 | 560.15 | 550.55 to 577.80 | -2.23% | 0.94 times |
Technical analysis forecast for Sumitomo Chem India Ltd Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Sumitomo Chem India Ltd SUMICHEM at this time. Stock is falling and might fall more.
It appears as if Sumitomo Chem India Ltd SUMICHEM gave a large move recently.
Stock of Sumitomo Chem India Ltd (SUMICHEM) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Sumitomo Chem India Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 531.2 as stoploss in an intra day buy trade for a target of 544.39. However, stock will show a bearish move below 531.2.